NE1 know anything about the autobahn CC? | FerrariChat
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NE1 know anything about the autobahn CC?

Discussion in 'Chicago' started by henryr, Mar 20, 2006.

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  1. henryr

    henryr Two Time F1 World Champ
    Silver Subscribed

    Nov 10, 2003
    22,410
    Atlanta
    Full Name:
    Juan Sánchez Villa-L
    #1 henryr, Mar 20, 2006
    i see they are selling the remaining couple memberships? ne1 here a member? what are those founding memberships? what did they sell for? who owns the track ? the members?

    looks to be about 250 members plus corporates. is it crowded on the weekends?
     
  2. Michael RPM

    Michael RPM Formula Junior

    Apr 10, 2002
    828
    Oak Brook, IL
    Full Name:
    Michael Wogronic
    #2 Michael RPM, Mar 21, 2006
    All 100 Founding memberships have long been sold out. For 100K, you get a share of ownership and no yearly dues. A few corporate memberships are still left. Only a handful of the Country Club memberships are left. Soon they will start the waiting list. This level is now up to 25k plus 3k in dues each year. It usually is a bit more crowded on weekends, so if you join, try to go Tuesday thru Friday. Either way, you will get a ton of track time.
     
  3. henryr

    henryr Two Time F1 World Champ
    Silver Subscribed

    Nov 10, 2003
    22,410
    Atlanta
    Full Name:
    Juan Sánchez Villa-L
    #3 henryr, Mar 21, 2006
    are the founding memberships tradeable ? i heard the $25k are only 30% equity. ???

    does the track generate enough income to be self sufficient?
     
  4. henryr

    henryr Two Time F1 World Champ
    Silver Subscribed

    Nov 10, 2003
    22,410
    Atlanta
    Full Name:
    Juan Sánchez Villa-L
    #4 henryr, Mar 21, 2006
    whats the diff between the two founding member rounds ?
     
  5. Gilles27

    Gilles27 F1 World Champ

    Mar 16, 2002
    13,337
    Ex-Urbia
    Full Name:
    Jack
    #5 Gilles27, Mar 21, 2006
    30% is a pretty common member-equity level for a private club. It will have to be seen whether the memberships appreciate much.
     

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